PROFUSION ENVIRONMENTAL LIMITED

PROFUSION ENVIRONMENTAL LIMITED

PROFUSION ENVIRONMENTAL LIMITED - Company Information

Print Friendly Version

PROFUSION ENVIRONMENTAL LIMITED

Company Registration Number:
07472762 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2017

Period of accounts

Start date: 01 January 2017

End date: 31 December 2017

PROFUSION ENVIRONMENTAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2017

Balance sheet
Notes

PROFUSION ENVIRONMENTAL LIMITED

Balance sheet

As at 31 December 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 3 1,391,947 1,175,541
Total fixed assets: 1,391,947 1,175,541
Current assets
Stocks: 41,000 23,387
Debtors:   184,728 298,369
Cash at bank and in hand:   81,381
Total current assets: 225,728 403,137
Creditors: amounts falling due within one year: 4 (579,085) (450,247)
Net current assets (liabilities): (353,357) (47,110)
Total assets less current liabilities: 1,038,590 1,128,431
Creditors: amounts falling due after more than one year: 5 (791,268) (685,748)
Total net assets (liabilities): 247,322 442,683
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 247,222 442,583
Shareholders funds: 247,322 442,683

The notes form part of these financial statements

PROFUSION ENVIRONMENTAL LIMITED

Balance sheet statements

For the year ending 31 December 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 September 2018
and signed on behalf of the board by:

Name: Nigel Wyatt
Status: Director

The notes form part of these financial statements

PROFUSION ENVIRONMENTAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PROFUSION ENVIRONMENTAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

2. Employees

2017 2016
Average number of employees during the period 16 16

PROFUSION ENVIRONMENTAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

3. Tangible Assets

Total
Cost £
At 01 January 2017 1,543,880
Additions 451,819
Disposals (11,750)
At 31 December 2017 1,983,949
Depreciation
At 01 January 2017 368,339
Charge for year 226,013
On disposals (2,350)
At 31 December 2017 592,002
Net book value
At 31 December 2017 1,391,947
At 31 December 2016 1,175,541

PROFUSION ENVIRONMENTAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

4. Creditors: amounts falling due within one year note

£233,284 (£181,176 2016). The bank loan is secured. The hire purchase is secured on the asset concerned.

PROFUSION ENVIRONMENTAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

5. Creditors: amounts falling due after more than one year note

£791,268 (£685,748 2016). The bank loan is secured. The hire purchase is secured on the asset concerned.